Colorado Springs Real Estate and Community News

Sept. 1, 2017

Checklist for a Move out

Checklist for a MOVE OUT & Ready to SELL Home; De-Cluttering to Patching Holes your DIY Guide

 

 1. NO CLUTTER AND CONGESTION. Get rid old newspapers and magazines. Pack up most of your small items like figurines and other trinkets. Place clothing that won’t be used soon elsewhere to make closets seem roomier. De-congest the garage and clear it out.  Buyers like to picture their things in the house and that is difficult to do when the home is full of clutter. The emptier the better.

 2.CLEAN YOUR WINDOWS AND SCREENS. Clear windows let more light into the interior. Dirty windows are a turn off for buyers.

 3. MAKE SURE EVERYTHING IS EXTRA CLEAN.  Clean fingerprints and dirt from light switch plates. Wash the floors, stove, refrigerator, washer and dryer enough to rid them of any dirt.  A clean and tidy house makes a better first impression and tells buyers that the home has been well cared for. CLEAN CLEAN CLEAN!

 4. REPLACE OLD BULBS WITH BRIGHTER BULBS. Bright lights make rooms appear bigger especially dark rooms. Replace any burnt-out bulbs with ones that produce a comfortable light. Turn all lights on before buyers come to look at the home.

 5. MAKE ALL MINOR REPAIRS THAT YOU CAN. Everything that isn’t repaired that could have been repaired, will show up in the home inspection and can create a bad impression. Small issues such as sticky doors, ripped screens, split caulking, cracked receptacle covers or a leaky faucet may seem minor, but they'll give buyers the impression that the house isn't well taken care of.

 6. AIM FOR GOOD CURB APPEAL. Clean up the front yard, groom grass, rake any leaves, trim the bushes, and edge the sidewalks. Place a couple of bright potted flowers near the entryway to brighten things up and get the buyers attention.

 7. FILL HOLES IN YOUR DRIVEWAY. Take care of any holes and cracks in your driveway and reapply sealant, if necessary.

 8. CLEAR OUT DIRTY GUTTERS. Make sure gutter are clear and de-congested.

 9. CLEAN OR REPLACE YOUR FRONT DOOR KNOB AND ADDRESS NUMBERS. A clean door and front entrance of the home will create a good first impression for buyers upon arrival.

 10. RID YOUR HOME OF SMELLS.  Try to rid the air in the home of any strong smells. Clean carpeting and drapes, get rid of cooking odors, any smoke, and unpleasant pet odors. If carpets are old and need replacing, it is worth it for you to replace them. The additional price you would get for your house will most likely outweigh the money you paid for this maintenance. Open the windows and let fresh air in. The number one turn off to a potential buyer is a nasty odor.

 
For more helpful information on Buying, Selling, and other Real Estate tips please visit http://www.GriffinSellsHomes.com

 

Posted in Selling Your Home
Sept. 1, 2017

Home Selling Checklist

Home checklist

 

Home Selling Checklist

 It’s not an easy job to sell a house. It’s a detailed process. You don’t just post your house online, meet a buyer, negotiate and then sell it. There is more of a process to sell your house.  Below is a good example of an effective checklist to follow. This home selling checklist provides some steps you should follow when it comes time to sell your house. First, decide whether you pay an agent to sell your house or you just do it yourself. Paying a Real Estate Agent is a good idea because it requires little effort from you, to sell your house. An agent will carry out most if not all the business steps necessary for you to sell your home. You just hire an agent and pay them to follow through with the steps. It will not cost a considerable amount either to hire an agent.  For example, we offer a low rate of 1 and ½ % plus cooperating broker fees. So, it’s up to you if you want to pay more to put in less effort, or pay less and do it yourself with more effort.

Here is an example of a checklist that would be a good idea to follow when selling that would apply to you selling it yourself or with an agent:

 * Be a communicative and informed seller that goes in with a strategy. You can use different kinds of media to promote your home, such as newspaper, pamphlet, You Tube, or websites.

* Make sure you come up with a reasonable and accurate price to sell your home for.     

* Get your house ready to sell by doing some preparations for your house on the exterior, interior, and        with your appliances.

* Decide whether you want to pay a professional to do a pre-listing house inspection or not.

*Do some selling of your unnecessary furniture and appliances.

*Get familiar with financing terms, such as mortgage financing (fixed, adjustable, seller financing, assumable loans), pre-qualified, pre-approved, and commitment.

* Get familiar with negotiation that will occur with different items such as the contract, offer, deal, etc.  

* You should learn how to present an offer and get familiar with the legal transaction process.

* Know what you can improve or not in your house, on the interior, exterior and what you cannot      improve such as location, style, etc.

* Decide whether you will get a home warranty on your house or not.

* Research tips in buying a new home, while you are in the process of selling your old one.

* Decide on preferred dates for closing with the new buyer.

* Record your move-out details and the process you are going to take to get moved out.

This checklist is designed to give you some of the more common and more important things to think about and exercise in the process of selling your house.

 

Posted in Selling Your Home
Aug. 20, 2017

Buying For Sale by Owner Real Estate

Home for sale

Buying FSBO Real Estate,

 

or houses for sale by owner, has its own particular problems and opportunities. Dealing with an uninformed seller who thought he knew enough to handle everything by himself can be frustrating, but it can also be very profitable if you are prepared. First you need to understand the motivations of why they are attempting to sell their homes their own. Is it to save commission costs? Or are they a Real Estate Agent themselves? 

Homeowners try to sell a house on their own for one primary reason: To save expensive commissions. Unfortunately for the homeowner the cost complexity and liability of going it alone. They'll often get frustrated and tired of the process, and be ready to reduce the price and be done with it. If you help them solve their problems, your reward can be a good price on a good investment. Just keep the following in mind:

 

 1. A seller isn't an agent. You have to be more careful in what you say and ask. Avoid negative comments about the house. Like it or not, the truth is that it's difficult to get a good deal if the seller doesn't like you.

 

 2. Sellers think they're being savvy and smart. If you encourage that belief, they'll be more open to your offer. Remember if you are representing yourself do not give to much information about you’re intentions for the property to the seller.  If they have a good idea, tell them so. It's not unethical to make people feel good about themselves when negotiating. Make sure you have a good Real estate agent representing you. A lot of sellers will allow you to have a Real Estate Agent represent you. 

 

 3. Typically, FSBO real estate has been on the market longer. Having a Real Estate Agent will make this process easier and will make sure you’re interests are protected.  This means you'll get a better price if you are willing to close quickly and easily.

 

4. Seller's usually don't have a plan. They don't know where to close, where to buy a title policy, where to keep a good faith deposit, etc. Have simple solutions ready for all these problems. If you walk the seller through the process while letting him feel in control, you'll both be happier. By using a Real Estate Agent they will make this process more hassle free.

 

 5. By you having open communication with the seller and an experienced Real Estate Agent that can execute the contract,they will be more likely to complete the process with you. 

Posted in Buying a Home
Aug. 19, 2017

How to Become a Successful Real Estate Investor

Real Estate Investor

How to Become a Successful Real Estate Investor 

or houses for sale by owner, has its own particular problems and opportunities. Dealing with an uninformed seller who thought he knew enough to handle everything by himself can be frustrating, but it can also be very profitable if you are prepared. First you need to understand the motivations of why they are attempting to sell their homes their own. Is it to save commission costs? Or are they a Real Estate Agent themselves? 

Homeowners try to sell a house on their own for one primary reason: To save expensive commissions. Unfortunately for the homeowner the cost complexity and liability of going it alone. They'll often get frustrated and tired of the process, and be ready to reduce the price and be done with it. If you help them solve their problems, your reward can be a good price on a good investment. Just keep the following in mind:

 

 1. A seller isn't an agent. You have to be more careful in what you say and ask. Avoid negative comments about the house. Like it or not, the truth is that it's difficult to get a good deal if the seller doesn't like you.

 

 2. Sellers think they're being savvy and smart. If you encourage that belief, they'll be more open to your offer. Remember if you are representing yourself do not give to much information about you’re intentions for the property to the seller.  If they have a good idea, tell them so. It's not unethical to make people feel good about themselves when negotiating. Make sure you have a good Real estate agent representing you. A lot of sellers will allow you to have a Real Estate Agent represent you. 

 

 3. Typically, FSBO real estate has been on the market longer. Having a Real Estate Agent will make this process easier and will make sure you’re interests are protected.  This means you'll get a better price if you are willing to close quickly and easily.

 

4. Seller's usually don't have a plan. They don't know where to close, where to buy a title policy, where to keep a good faith deposit, etc. Have simple solutions ready for all these problems. If you walk the seller through the process while letting him feel in control, you'll both be happier. By using a Real Estate Agent they will make this process more hassle free.

 

 5. By you having open communication with the seller and an experienced Real Estate Agent that can execute the contract,they will be more likely to complete the process with you. 

 

 

Posted in Investor News